1007 H Ave NWCedar RapidsIA52405
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Cedar Rapids at 1007 H Ave NW, Cedar Rapids, IA, 52405 at $115,000 posts ROI 43.67% with $755/mo cash flow from $1,502/mo rent. Total monthly income equals $1,502/mo, and annual cash flow records $9,060/yr on $38,123 to close. Return on cash invested measures 43.67% and rental yield reads 15.67% at the current $115,000. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 by year five. Five-year ROI prints 230.69% and total cumulative return in cash totals $87,945.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,502/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52405, Cedar Rapids, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,239 (100%) |
| Owner Occupied HU | 7,767 (69.1%) |
| Renter Occupied HU | 2,888 (25.7%) |
| Vacant Housing Units | 584 ( 5.2%) |
| Median Home Value | $199,987 |
| Average Home Value | $230,161 |
Housing Distribution
Address Breakdown
Residential
11,162
Single Family
9,355
Multi-Family
1,807
Businesses
256
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Listed by: Emily Robison • Pinnacle Realty LLC
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2407681
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.